Verbund AG (WBO:VER) Change In Inventory : €46 Mil (TTM As of Dec. 2023)

View and export this data going back to 1988. Start your Free Trial

What is Verbund AG Change In Inventory?

Verbund AG's change in inventory for the quarter that ended in Dec. 2023 was €28 Mil. It means Verbund AG's inventory declined by €28 Mil from Sep. 2023 to Dec. 2023 .

Verbund AG's change in inventory for the fiscal year that ended in Dec. 2023 was €46 Mil. It means Verbund AG's inventory declined by €46 Mil from Dec. 2022 to Dec. 2023 .

Verbund AG's Total Inventories for the quarter that ended in Dec. 2023 was €81 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Verbund AG's Days Inventory for the quarter that ended in Dec. 2023 was 12.14.

Inventory Turnover measures how fast the company turns over its inventory within a year. Verbund AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 7.52.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Verbund AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.14.

Verbund AG Change In Inventory Historical Data

The historical data trend for Verbund AG's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Verbund AG Change In Inventory Chart

Verbund AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

1.64

1.28

-9.90

-73.08

45.89

Verbund AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															11.02	47.40	11.30	-40.50	27.69

Verbund AG Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €46 Mil.

Verbund AG (WBO:VER) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Verbund AG's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	94.65	/	711.523	*	365 / 4
	=	12.14

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Verbund AG's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	711.523	/	94.65
	=	7.52

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Verbund AG's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	94.65	/	659.584
	=	0.14

Verbund AG Change In Inventory Related Terms

Thank you for viewing the detailed overview of Verbund AG's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Verbund AG (WBO:VER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Verbund AG (WBO:VER) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

OEZVY:USA OEZVF:USA VERv:UK 0NR1:UK OEWA:Germany VER:Czech Republic

Address

Am Hof 6a, Vienna, AUT, 1010

Website

https://www.verbund.com

Founded in 1947 through a nationalization act, Verbund is the leading power producer in Austria. The Austrian state owns 51% of its capital. Hydro accounts for more than 90% of the total power output. Hydro power is generated from reservoirs and pumped storage plants in the Austrian Alps, and run-of-river plants in Austria and southern Germany. Total hydro capacity amounts to 8.4 GW. Verbund also owns the Austrian electricity grid through its fully owned subsidiary AP. In 2021, the firm acquired 51% of Gas Connect Austria, a gas transmission and distribution system operator. The group also owns one CCGT and is involved in trading and development of wind and solar capacity.